Re:Selling My Bootstrapped SaaS Business
by asmithmd1 on Wednesday October 18, 2017 @08:27AM
(#15498533)
Are you saying you can expect 10%/year with your money in the stock market? No stockbroker will tell you that, it is more like 6%-8% over a 10 year time frame. And you have to have the courage to watch your balance drop 50% over a 1-2 year time span and still stay in.
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Re:Selling My Bootstrapped SaaS Business
by icedchai on Wednesday October 18, 2017 @09:25AM
(#15498912)
My own accounts have earned over 11.5%/year, for the past 10 years. This was through the financial crisis, where I did see huge drops like you describe, held, and continued to invest.
Longer term 6 to 8% feels about right though.
Re:Selling My Bootstrapped SaaS Business
by erikbye on Wednesday October 18, 2017 @09:00AM
(#15498755)
S&P 500 ETF Trust gained 63.42%, last 10 years.
Vanguard 500 Index Fund, 130.56% since 2010.
And neither look like hockey sticks.
Re:Selling My Bootstrapped SaaS Business
by charlesdm on Wednesday October 18, 2017 @11:22AM
(#15499836)
If you put some time into it and learn how to properly invest, yes.
If you made a million today, you probably want to just keep it in an account and wait until a 20%+ correction happens before buying in, though -- it's been quite while since the last significant drop.
Re:Selling My Bootstrapped SaaS Business
by joosters on Wednesday October 18, 2017 @12:32PM
(#15500537)
Trying to time the market? Good luck with that.
Re:Selling My Bootstrapped SaaS Business
by vinceguidry on Wednesday October 18, 2017 @01:27PM
(#15501031)
All active investment, unless you're a market maker, is market timing.
Re:Selling My Bootstrapped SaaS Business
by alien_at_work on Wednesday October 18, 2017 @09:00AM
(#15498751)
> it is more like 6%-8% over a 10 year time frame
Uh, it's 6-8% compounded over what ever time frame. Which is actually still quite good and probably handily beats most angel investment returns.